RBI Floating Rate Savings Bonds offer a government-backed way to invest, with interest linked to the NSC rate plus 0.35%. The current rate stands at 8.05%, paid out every six months and reset twice a year. The bonds come with a 7-year tenure, and senior citizens can opt for premature withdrawal after a lock-in period. #RBI #bondinvesting #bonds #Investmentstrategy #investingforbeginners | Groww
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Looking for some reasons to invest in RBI Floating Rate Savings Bond? Here are some - it's a risk-free investment, offers high interest rate and many more. Watch the video to understand its benefits and apply for it today. #AmritMahotsav #RBIFloatingRateSavingBond (Amrit Mahotsav) | Bank of India
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